Section: News & Summaries

The National Bank of Ukraine is considering the possibility of founding a clearing bank in Ukraine based on an existing large-scale bank, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova said during a roundtable in Kyiv. ”We are thinking about the potential to assign to someone the function of a clearing bank. It is not a...

Belize authorities have launched an investigation into money laundering by former Ukrainian President Viktor Yanukovych and American political technologist Paul Manafort, according to Bloomberg. See also: Manafort falsified invoice to Belize company to legitimize Yanukovych`s $750,000 payment to himself – Ukrainian MP In the five-year period from...

European structures had to violate the officially established rules for the publication of legislative acts in order to fulfill the promise regarding the date of enforcement of a visa-free travel for Ukrainians, according to Europeiska Pravda. As reported earlier, on Monday the Official Journal of the European Union published the decision on the...

A protocol of veterinary requirements on exports of frozen beef from Ukraine to China has been approved by the sides, allowing Ukrainian farmers to ship this produce onto the Chinese market, according to the Ukrainian biosecurity and consumer protection service. ”Ukrainian beef now has an official access to the Chinese market. The State Service...

Venezuela possesses 5,000 Russian-made MANPADS surface-to-air weapons, according to a military document reviewed by Reuters, the largest known stockpile in Latin America and a source of concern for U.S. officials amid the country`s mounting turmoil. See also: Russia deploys six nuclear warheads in Crimea Venezuela`s socialist government has long...

Ukraine is NATO`s valued partner, and the Bloc will continue offering strong political and practical support to Kyiv, according to Carmen Romero, the spokesperson for the NATO Public Diplomacy Division, LB.ua reports. ”For NATO, a sovereign, independent and stable Ukraine, firmly committed to democracy and the rule of law, is key to Euro-Atlantic...

Relevant U.S. authorities have assured the Ukrainian side that if a decision is made to confiscate the funds of Ukraine`s former Prime Minister Pavlo Lazarenko, most of this money will be transferred back to Ukraine, Ukraine`s Prosecutor General Yuriy Lutsenko said at an international roundtable in Kyiv, according to an UNIAN correspondent. He...

The number of loans issued by PrivatBank to related parties, announced by the National Bank of Ukraine (NBU), has not been confirmed to date, which allows the former owners of the bank to challenge the state`s decisions on its nationalization in court, Managing Partner at Suprema Lex law firm, adviser to PrivatBank`s bond holders Viktor Moroz...

The Ukrainian-language service of European television channel Euronews said it was to close down May 21 because of financial difficulties, the Outlook Magazine reports. ”After nearly six years of work, Euronews will cease broadcasting in Ukrainian on Sunday, May 21,” it said in a Facebook post yesterday, reads the report. The move comes two years...

On May 29, Russian President Vladimir Putin will go for an unscheduled visit to Paris, where he will meet with the newly elected French President Emmanuel Macron, Kommersant reported citing its sources. It is noted that the formal reason for the visit will be the opening in Versailles of an exhibition dedicated to Russia`s Peter the Great....